Sustainability And Reputational Risk Manager at M&G Investments — BranchFactor

Original posting

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

This high-impact role is at the heart of M&G’s evolving sustainability risk agenda. Covering climate, nature and wider thematic risks, it offers the chance to engage with senior stakeholders and influence the direction of risk management across the breadth of M&G, staying close to the latest developments in sustainability, regulation and market practice. This is an excellent opportunity for someone who enjoys complex, varied and fast-moving subject matter and who can turn technical insight into clear, practical and influential second line challenge.

Job Description

This role sits within the Sustainability and Reputational Risk team, providing SME second line oversight, advice and challenge on climate, nature and other thematic sustainability risks across M&G. It supports effective risk management through clear judgement, strong stakeholder engagement and high-quality written outputs.

The role helps link climate and nature risk outcomes to business strategy, business planning, risk appetite and key Group priorities. It also supports external reporting, regulatory engagement, climate scenario analysis, emissions targets, nature strategy and independent assurance activity.

Main Responsibilities

Provide SME second line oversight, advice and challenge across the risk management lifecycle, including risk identification, assessment, monitoring, management and reporting, and its integration into relevant business and investment processes.
Provide second line oversight, advice and challenge over the Group’s delivery of SS5/25, including implementation, governance and reporting.
Support UK SRS materiality assessment from a second line perspective, with a focus on climate and nature risks, impacts and dependencies.
Review and challenge climate scenario analysis, including methodology, assumptions, data quality, data coverage, model limitations, second-order impacts, outputs and use in decision-making.
Provide second line review and challenge over external climate and sustainability reporting, ensuring content is evidence-based, appropriately verified, aligned to reporting frameworks and best practice, and supports effective management of greenwashing risk.
Support oversight of emissions targets, climate commitments and related reporting, including alignment with the M&G Climate Transition Plan.
Provide advice and oversight of the development of M&G’s nature strategy, including staying current on nature-related data, frameworks, reporting standards and emerging best practice.
Maintain awareness of external climate and nature developments, including regulatory expectations, reporting standards, academic research, industry guidance, data providers and market practice.
Contribute to key working groups on climate scenarios, climate transition, nature and regulatory reporting.
Write clear risk opinions, assurance outputs and challenge papers for senior stakeholders and governance forums.
Support strong controls and processes, recognising their importance in effective risk management, reliable reporting and clear accountability.

Key Knowledge, Skills and Experience

Strong understanding of climate and nature risk in financial services - Essential
Experience and understanding of climate risk management frameworks and processes, including how climate risks are identified, assessed, monitored, managed and reported Essential
Strong understanding of climate scenario analysis, including NGFS scenarios, vendor models, transition risk, physical risk, second-order impacts, model uncertainty, data gaps and data quality challenges - Essential
Knowledge of sustainability reporting frameworks, including UK SRS and TCFD and broader climate and nature-related reporting developments - Essential
Strong understanding of risk frameworks, controls, governance and assurance - Essential
Ability to assess complex climate and nature risk outputs and provide clear, practical second line challenge - Essential
Ability to translate technical climate and nature risk issues into clear recommendations, risk opinions and senior-level messaging - Essential
Strong stakeholder engagement skills, with the ability to influence while maintaining an independent second line view - Essential
Excellent written communication, including concise risk opinions, committee papers and assurance outputs - Essential
Strong analytical judgement, attention to detail and ability to work across multiple priorities - Essential
Curiosity and commitment to staying up to date on climate science, nature risk, regulation, data, frameworks and market practice - Essential
Relevant sustainability, ESG, risk, investment, actuarial or finance qualification desirable, such as CFA, actuarial qualification, CFA ESG Certificate or equivalent - Desirable
Highly self-motivated and proactive, with the ability to work independently, exercise sound judgement, and deliver results with minimal supervision or direction - Desirable

Experience Level: Manager/Expert

Recruiter: Helen Simons

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.
Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com

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